Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
ProShares UltraShort Technology (PACF:REW)
Strong Downtrend (-100) - REW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid REW?
MarketClub looks at technical strength and momentum to determine if the timing is right for REW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REW
The long-term trend has been DOWN since Dec 1st, 2020 at 15.600
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 8.190
The short-term trend has been DOWN since Oct 14th, 2021 at 8.538
Smart Scan Analysis for REW
Based on our trend formula, REW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.75||Year High Date||2018-02-09|
|Year Low||10.5467||Year Low Date||2018-08-30|
|52wk High||20.08||52wk High Date||2020-11-02|
|52wk Low||7.809||52wk Low Date||2021-09-01|
|Year End Close||37||Average Volume||29,015|